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Solana’s Weekly DEX Volume Elbows That of Ethereum with Mt.Gox’s 2.2 Billion Bitcoin Movement Causing Jitters 

  • Solana's decentralized exchange (DEX) volume has surpassed that of Ethereum, indicating increased confidence and interest in Solana's DeFi market.
  • Solana recently overtook Binance Coin (BNB) in market value, reaching the fourth position with a market cap of $93.6 billion.
  • The number of active Solana addresses has surpassed 150 million, showcasing significant network activity.
  • Mt.Gox, a defunct crypto exchange, caused concern due to the transfer of $2.22 billion worth of Bitcoin, highlighting the need for regulatory oversight and security in the industry.

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